If the governing authority decides to dispose of any of said property by sale at public auction, a minimum price shall be established by the governing authority and it may fix the conditions of the sale, which conditions may include the right to reject any or all bids and permission to pay for the property on either a cash or credit basis.
R.S. 48:716 active rs title
Sale at public auction ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1968, No. 432, §5
- amendment Acts 1970, No. 648, §1
- amendment Acts 1972, No. 417, §1